Reading Time: 3 minutes As the world of agriculture and agri-food evolves, so too does its workforce. Capturing just who is engaged in this massive economic engine has been difficult as previous statistics have focused on who works ‘on the farm’ rather than who is employed ‘in the food system.’ Perhaps never before in history has there been such […] Read more
Schoepp: The food sector is much bigger than you might imagine
We’ve seriously underestimated how big the sector is, and its ability to be an even bigger economic engine
AGT building oat milling plant in Saskatchewan
Regina pulse processor AGT Foods plans to bulk up its portfolio in the plant-based ingredients business with a new oat milling operation in central Saskatchewan. The company on Thursday announced it would start construction “immediately” on the new operation, to be housed in an expansion of its existing processing plant just east of Aberdeen, about […] Read more
JBS to help fund home purchases for Brooks staff
Company offering zero-interest loans for down payments
One of the biggest beef packers operating in Canada is pledging $1.7 million for a one-year pilot program to help employees buy or upgrade homes. JBS Foods Canada, which operates Brazilian meat packer JBS’s plant at Brooks, Alta., on Tuesday announced the launch of what it calls the “Homebuyer Dream Fund,” providing zero-interest loans to […] Read more
EU predicts pain for farmers, consumers from Ukraine crisis
Brussels | Reuters — Russia’s invasion of Ukraine and EU sanctions on Moscow will prove painful for farmers, consumers, fertilizer makers and exporters of farm products, the European Commission warned on Monday. Michael Scannell, deputy director-general of the Commission’s agriculture division, said grain buyers should brace for higher prices given that Russia and Ukraine made […] Read more
Pandemic home cooking trend is ‘entrenched’
Reading Time: < 1 minute Even though they’re paying more for ingredients, food manufacturers aren’t being squeezed and have been able to pass on cost increases to consumers, says a new report from CoBank, a major American lender. The pandemic led to a surge in spending at grocery stores as restaurant sales plunged. Market watchers thought that would be reversing […] Read more
Loblaw beats estimates for quarterly revenue
Reuters — Canadian retailer Loblaw Cos. beat market estimates for quarterly revenue on Thursday, as demand for groceries and other essential items stayed strong. The pandemic-led trend of cooking at home has sustained even as COVID curbs have eased, continuing to help sales at grocery stores that benefited during last year’s lockdowns. Companies such as […] Read more
Schoepp: Hunger doesn’t just happen to people in far-away places
You can see telltale signs in our grocery stores and the streets of cities and towns
Reading Time: 3 minutes While recently spending several months travelling in and out of a major city, I often ran out of time to eat in the evenings and whenever I shopped, it was late at night. Buying groceries was something I could do on the way back to the farm, without the worry of crowds or traffic. On […] Read more
Gasoline, diesel prices set to continue rising
MarketsFarm — The steady rise in crude oil prices is based on three factors, according to Tom Kloza, global head of energy analysis for Oil Price Information Service at Lakewood, N.J. One of those factors is the amount of crude oil produced by members of the Organization of Petroleum Exporting Countries (OPEC), along with some […] Read more
Manitoba border blockade expected to end Wednesday
'Resolution' reached, Mounties say
Another protest blockade of a key Canada-U.S. trade corridor is expected to wrap up by Wednesday. Manitoba RCMP on Tuesday reported they “are now confident that a resolution has been reached” with protestors who, since Thursday, have blockaded Highway 75 leading to the border crossing at Emerson, Man., about 100 km south of Winnipeg. The […] Read more
Tim Hortons, Burger King parent to hike prices
BK pulling Whopper off discount menu
Reuters — Burger King parent Restaurant Brands International said on Tuesday that it stripped its most famous sandwich, the Whopper, from discount menus and will raise menu prices again this year as to offset higher costs. U.S.-listed shares of the company rose more than three per cent after it topped results estimates for the fourth […] Read more
Cyber-Savvy Farmer
